Space Comm 2022: UKSpace
Local-based national trade association, UKSpace announced that it assisted ADS (the UK trade association for aerospace, defence, security, and space organisations) to produce their new Space Sector Outlook guide. The document highlights the UK space sector’s contribution in 2021 was:
- £16.5 billion in turnover
- £5.3 billion in exports
- £6.9 billion in value add
- 47,000 direct employees
- 2,300 apprentices
As well as capturing the space sector’s contribution to the United Kingdom, ADS identifies new business opportunities for 2022 and beyond, which include in-orbit servicing and manufacturing, earth observation, and UK launch.
UKSpace Chair, John Hanley said:
“UKSpace was pleased to work with ADS to produce this outlook report which clearly demonstrates the vibrancy of the UK space sector, and covers some of the significant priority business opportunities spanning In-Orbit Servicing and Manufacturing, Earth Observation and Launch, supported by a policy landscape that should facilitate further growth around the entire United Kingdom.”
“As an organisation, UKSpace is working closely with all our members, as well as with stakeholders in government and academia, to ensure the whole sector’s value is recognised and invested in, allowing further strengthening of our position as a global leader in space.”
You can read more here.
